Beiträge von Eldorado

  • Northern Dynasty / NDM, NAK (TOR, NYSE)

    Bei Pebble halte ich genug Startaktien, dort warte erstmal ab ob das Permit klargeht und wie sich Rio und Anglo entscheiden.
    Wer hat schon Lust sich von einer Lachsforelle den Kurs zu dreschen. :D
    Bei MGN und CZN z.B. machte ich es dummerweise umgekehrt und das Geld liegt dort flach bis alles klar ist.
    In Kanada gehts um die First Nations und Naturschutz, da kann einiges passieren mit der Ausfuehrung vom geplanten Projekt.
    Permitbets, kann man auch sagen, bis dort hin wird gebohrt und wenn es nur in der Nase ist. :D

  • Gold und Silber... Informationen und Vermutungen I

    Unbewusst habe ich vorgestern schon alle Harmony verkauft mit 20% Gewinn. Das Moos geht heute in physisches Gold wo kein Unglueck mehr passiert.
    Harmony kommt von einer S in die andere, da fehlt es nun hinten und vorne..
    Ein Minenunglueck gibt es immer wieder, als in China vor kurzen 300 Menschen in einer Kohlemine starben hat keiner von Euch sein Bedauern hier ausgedrueckt.
    Man kann nur hoffen das ein paar kluge weisse die schwarzen rausholen bei Harmony, bis jetzt gab es keine Tote um sein Beileid auszusprechen.


    Miners freed from mine


    2007-10-4 06:52


    Johannesburg


    Almost 600 miners of the 3 200 trapped underground have been rescued from Harmony Gold's Elandsrand mine on Thursday morning, a union official said.
    "They are quite angry because they feel that management has not communicated with them about the rescue operation or how long it would take," said National Union of Mineworkers' national health and safety chairperson Peter Bailey shortly after 06:00.


    He said 200 of the 3200 trapped workers had been underground since Tuesday night. An alternative exit was not accessible because it was underwater, he said.


    Those that had been brought out were exhausted, hungry, stressed out and relieved, he added. About 75 workers were being extracted at a time via a small shaft normally used to bring equipment into the mine. They were trapped around level 73 of the mine, about 2 200m underground, after a pipe fell into the lift shaft and cut off the power supply to the lift normally used to hoist workers out of the mine.


    Minerals and Energy Minister Buyelwa Sonjica was expected at the mine on Thursday morning, Bailey said earlier.


    The Elandsrand mine was 3 566 metres deep and would have 117 levels when it was completed. The miners were trapped around level 73.


    Harmony acquired Elandsrand and the adjacent Deelkraal mine from AngloGold for R1bn in cash in February 2001.


    SAPA

  • Gold und Silber... Informationen und Vermutungen I

    GO GATA!!!


    Last night, during Asian trading hours, gold rose as much as $6 despite a higher dollar. This morning the dollar was lower, but The Gold Cartel was ready for action cabal style. The AM Fix came in at $733.15 and then it was Downhill Bill time.


    What is important here is that The Gold Cartel knows how the specs operate on Comex. After yesterday’s drubbing, more and more of the funds, and their moving average trading systems, are susceptible to being stopped out of their long positions. Once one is stopped out, it sends the price lower, and towards other vulnerable tech systems sell points.


    This morning with gold up early, many of these systems were out of danger. However, once gold went down on the day, this progression of more and more selling came into play … only countered by physical market buying on dips. The negative here is veteran physical buyers will want to see what kind of damage the liquidating specs will wreak on the price. They want to buy as low as possible. Should they sense a waterfall, they will back up and watch. This compounds our problem because the lack of buyers makes the correction a self-fulfilling prophecy.


    The gold open interest only fell 3324 contracts to 439,865, which was nothing considering the size of the price drop. Based on the price action, there had to be a great deal more spec selling than that, which means The Gold Cartel and allies were in on the pounding, looking to gain their pound of flesh on further price drops.


    As further evidence this is a Gold Cartel engineered selloff on the Comex, The AM Fix came in at $733.15, indicating firm physical market demand. Even the Comex influenced PM Fix was higher at $730.25. As is so often the case, the bums went into higher gear once the physical market pricing was concluded for the day in London.


    Yet, when the day was said and done, the ole saying about "THE BEST LAID PLANS" came into play. Perhaps it was "newer" buyers of various sorts … whatever it was they showed up with gold under pressure to prevent the usual avalanche from kicking in.


    With gold down $2+ Peter R sent us the following which capsulizes the day:


    Bill,
    One of the characteristics of a free market is its ability to surprise, to confound expectations. The failure of gold to follow through to the downside today must be a shock to anyone who has watched the commercial short sellers and central banks run this market for their own benefit over the last decade . It must also be a major disappointment to traders who expected, once again, to be handed profits on a silver (gold?) platter by the sellers’ collusive behavior.


    While today may not (yet) appear dramatic to the casual observer, it may quietly be a turning point. We have all wondered what could draw the public back into the gold shares; how about a free market where gold begins to moves toward its natural clearing price?
    Best wishes,
    Peter R.


    Sure enough, when gold failed to break hard as we came near the close, locals, looking for a collapse, were forced to cover and gold drifted back up to finish slightly higher. No doubt this has The Gold Cartel gang, and other shorts, shaking their heads.


    Gold, which took out key support yesterday below $726, did so again today BRIEFLY, and then turned right around. This is significant.


    One day’s action does not take us out of danger. The bums want gold as low as they can get it ahead of the all important US jobs report Friday morning. Thus, if they fail to get gold down tomorrow, it seems to me they will be in the deepest of trouble. The key for an upside gold explosion ought to be taking out the high made in Asia last night of around $736. A break of that level to the upside should send gold towards $800 per ounce.


    Regardless of why gold broke and who engineered it, gold was due for a correction on a technical basis. It has been pretty much straight up. A funny looking gold chart:


    December gold
    http://futures.tradingcharts.com/chart/GD/C7


    Silver was steadier than gold today, but still must show some oomph. Where is it? Soon to be seen I hope and suspect, even if JUST to keep up with most of the base metals.


    The silver open interest dropped 94 contacts to 117,498.

  • Gold und Silber... Informationen und Vermutungen I

    White Lightning


    Diversifying in silver is a good way to hedge risks in your portfolio.


    Diversifying risk is one of the most important objectives of portfolio management. This means that you may need to have some asset classes that may give only reasonable returns but are safe.


    Also, if such an investment class proves to be a good hedge against inflation, then you are on strong ground. One such asset class is silver.


    To begin with, for the average investor, silver can be an effective means of diversifying and preserving wealth against inflation. Accordingly, it is suggested that investors should include it among their investment assets.


    As far as numbers go, between 1971 and 1981, the US dollar lost more than half of its value, while silver prices rose nearly five times. Presently the metal is at $12.62 per ounce...nun 13.30 $


    http://www.silverbearcafe.com/private/whitelight.html


    Almost 85 per cent of the demand for silver mainly comes from the industrial sector. The main use of sliver is in items like electrical appliances, medical products and conventional film photography. And this demand has been surging ahead. Nowadays, there are newer applications for silver which come from products like batteries, superconductors and microcircuits.


    Therefore, investment in silver can pay rich dividends provided you are patient. Since the demand is accounted by industries, it can often lead to price fluctuations depending on the demand and supply. Ideally, an investor should marginally allocate his investments in silver, in lump sum or systematically.


    Systematic investing imparts discipline and mitigates volatility. The investment horizon should be long term that is, for a period between five to ten years. Also, silver often tracks the gold price because both are assumed to be 'store of value', although the ratio can vary. Traders and investors often analyse the gold/silver ratio.


    Over most of the 19th century the gold/silver ratio was fixed by law in Europe and the United States at 15.5, which meant one troy ounce of gold would buy 15.5 ounces of silver. The average gold/silver ratio over the 20th century was 47. The ratio was at 49.8 in 2006, implying that one troy ounce of gold would buy 49.8 ounces of silver.


    As far as the returns go, the price of silver is volatile, as it fluctuates between its demand as industrial raw material and store of value. And at times, this can cause wide-ranging valuations in the market. An analysis of the returns from the period 2000-2006 can be depicted.


    As one can see the compounded average returns have been to around 15.30 per cent a year. Therefore, it is clear that the importance of this metal, as an investment cannot be ignored.


    It is important to remember that standalone investments in silver may not guarantee you remarkable returns, but it may form part of a portfolio to diversify and hedge against inflation. Ideally, metals or jewellery can form a part of about 10 to 15 per cent of the total asset allocation of an investor to safeguard against inflation. And you can have 30 per cent silver in the portion of asset allocation in metals.

  • Gold und Silber... Informationen und Vermutungen I

    Want a good prediction on where oil will be trading a year from now? Tell me exactly what the Fed's monetary policy will be and how much liquidity will be created or drained over the next twelve months, and I'll give you a pretty good guess on where oil will be trading.


    Of course, one doesn't need commodities like oil and gold (the latter hit a new 18-year high this week, by the way) to understand how much money the government is printing. Our wallets are good indicators. The price we pay for gas at the pump is only one manifestation of oil prices. Oil is reflected in the vast majority of our purchases including clothing, food, furniture, heating and air conditioning, and building materials. The government understates actual inflation by a variety of methods, one of which is stripping out the cost of food and energy to arrive at a "core consumer price index." But it's impossible to strip out inflation's unsettling and dangerous social consequences.


    The rich and the poor both suffer during inflation. But on a relative basis, the rich do far better. :D
    Those who are hurt the most are middle and lower-income workers whose only source of income is a fixed salary, and senior citizens living off a retirement income that does not change while the cost of life's daily necessities inexorably climbs. Staying ahead of inflation takes capital; money must be leveraged and invested in hard assets to keep pace with the constant and ever-increasing debasement of the currency. All that Fed-created money flows through intermediaries including banks and brokers. That's one reason why the stocks of companies like Goldman Sachs, Lehman Brothers, and Bear Stearns are trading at or near all-time highs right now. Of course, insiders at those firms and others (such as the homebuilders) with a seat at the money-creation parade have done extremely well for themselves recently. Everyone else's inflation is their booming economy. :D...more


    .....This is where the rubber meets the road in the great game. It's where the media cheerleading, manipulated economic statistics, deficit spending, off-balance sheet liabilities, and statist central bank intervention is all called to account.
    Everything about Washington---monetary policy, fiscal policy, and politics in general---is the art of the possible; whatever can be done is done, until it can be done no more. But we cannot print oil. :D..or gold.
    And to the extent we've entered a period in which the majority of wars will be fought not over religion or ethnicity but over natural resources, that has extremely dire implications---as much for those who own the oil as for us...... :rolleyes:


    http://cunningrealist.blogspot.com/2005/09/great-game.html

  • Gold und Silber... Informationen und Vermutungen I

    Le Metropole Members,


    Bryant Blake has served commentary at The Hemingway
    Table titled, "The 2007 Federal Debt."


    "The 2007 fiscal year for the U.S. Federal Government
    just ended on September 28, 2007. For the year, the debt
    climbed $500.7 billion dollars to $9,007,653,372,262.48.
    This is an annual increase of 5.89%."


    Stephen Wellman has served commentary at The Man Ray
    Table titled, "DEPTH PERCEPTION."


    "Where is our "depth perception" when it comes to
    economies and finances as a Nation? I believe it has
    been totally eliminated from decades on decades of
    corrupt fiat money and the corrupt administrations
    that have abused the system for their own personal
    gains and gains of the banks and corporations that
    own them."

  • Gold und Silber... Informationen und Vermutungen I

    Le Metropole Members,


    Central banking's main purpose now is market suppression
    Submitted by cpowell on 10:54PM ET Tuesday, October 2, 2007. Section: Daily Dispatches
    1:45a ET Wednesday, October 3, 2007


    Dear Friend of GATA and Gold:


    The Financial Times story, appended here, about the eurozone's alarm at its strengthening currency suggests a few things:


    1) Worldwide currency devaluations are ahead -- competitive devaluations if cooperative ones cannot be arranged.


    2) Eurozone central bankers are getting awfully sarcastic about the U.S. government's supposed "strong dollar policy," but sarcasm is not likely to get them anywhere. The Europeans remain the craven stooges of the American empire even as it starts to fall of its own weight.


    3) The most important developments in the world economy now are plainly currency market manipulations by governments, increasingly undertaken shamelessly, in the open. That is, when the central banks work together in the name of preventing "exchange rate volatility," as the FT reports here, they are actually undertaking to rig all sorts of markets everywhere. Indeed, the primary purpose of international central banking now is to prevent markets from breaking out and thereby undoing the venality of the central bankers themselves.


    4) Notice in the FT's reporting here and in nearly all financial market reporting how it is simply taken for granted that everything the central banks do in the name of stabilizing markets is done in secret -- from the G7 meetings cited in the FT story to the distribution lately of ever-more-fantastic amounts of public credit to private financial houses. The central bankers are conjuring up and passing out all the money in the world to a financial aristocracy whose only claim on the money is that it has taken the rest of the world hostage. Yet the proletariat, which does the actual work of the world, is not to inquire into the particulars. And how would the proletariat even know to do so when the press itself doesn't try?


    All this is simply ruthless expropriation on a planetary scale -- and yet it is portrayed as the natural order of things.


    CHRIS POWELL, Secretary/Treasurer
    Gold Anti-Trust Action Committee Inc.


    * * *


    Europe Urges Tough Line on Dollar


    By Tony Barber and Ralph Atkins
    Financial Times, London
    Wednesday, October 3, 2007


    http://www.ft.com/cms/s/0/f3ef…dc-98fc-0000779fd2ac.html


    Eurozone policymakers will urge the US and other countries at the next G7 meeting to take a strong stance against exchange rate volatility in an effort to halt the dollar's decline against the euro, European Union officials said on Tuesday.


    Finance ministers of the 13-member eurozone plan to forge a common position in Luxembourg next Monday, 11 days before the meeting in Washington of central bankers and finance ministers of the Group of Seven leading industrialised countries.


    European politicians and business leaders have issued increasingly loud warnings about the dollar's decline since the euro rose above $1.40 on September 20 for the first time since its launch in 1999. The euro hit a high on Monday of $1.4281.


    Jean-Claude Juncker, chairman of the eurozone finance ministers' group, on Monday said that the euro's rise "tends to worry us a lot" and that it was no longer acceptable that Europe was bearing the brunt of "the consequences of the existing global imbalances."


    Christine Lagarde, French finance minister, said in an interview with Les Echos: "I'd really like to hear again [US Treasury secretary] Henry Paulson saying loud and clear that a strong dollar is good for the American economy."


    The US has given no  public signal yet as to what language it will accept on exchange rates in the communique to be issued at the G7 meeting.


    Such communiques must have the consent of all seven governments -- Canada, France, Germany, Italy, Japan, the UK, and the US -- and Washington can count on UK support in resisting language that implicitly questions the role of currency markets in determining exchange rates.


    The US is also keen to highlight the need for China to accept more flexibility in its exchange rate regime to address the issue of its vast current account surpluses.


    In Europe, Jean-Claude Trichet, the European Central Bank president, has become noticeably more  strident in recent days in emphasising the US interest in a strong dollar.


    His comments may reflect ECB concern about fears of US inflationary pressures after the Federal Reserve cut its benchmark interest rate on September 18 by 0.5 percentage points to 4.75 percent.


    Although eurozone inflation expectations might remain unaffected, the US experience could strengthen the ECB's determination to hold the line against eurozone inflation, which last month rose above its target of an annual rate of "below but close to" 2 percent.


    The ECB's governing council meets in Vienna on Thursday, when it is expected to hold its main interest rate at 4 percent. With eurozone growth showing clear signs of weakening and the global credit squeeze clouding the outlook, the chances of another ECB rate rise have all but disappeared.


    While Mr Trichet's comments after Thursday's ECB meeting may acknowledge the eurozone's changed prospects, he is likely nevertheless to keep a hawkish tone.


    Speaking in Malta on Monday, Mr Trichet said he had "noted with extreme attention that the US Treasury secretary and ... the Federal Reserve have said a strong dollar is in US interests."


    Robert Barrie, European economist at Credit Suisse, said the combination of a strengthening currency and weakening economy was proving awkward for the ECB. Mr Trichet's comments might have been "the start of attempts to embark on verbal intervention."


    * * *

  • Der Ordnung halber - mein Depot

    Value


    Lustig, auch ich holte gestern mehr AGI.TO.
    Mundoro ist ein Cliffhanger, sehr preiswerte China Grippemine. :D
    Ich habe eine Menge davon, leider im minus trotz vieler Nachkaeufe.
    John Embry hat die mal empfohlen, der steckt immer noch drin.
    http://www.sprott.com/pdf/reports/gold_q3.pdf
    John Embry ist nicht raus aus SWG.TO trotz dem Fall, ebenso cheap-cheap !!
    Ich halte nun die Anteile die NEM verkauft hat und warte auf weitere News und neue Bohrresultate.
    Bei Mundoro steht das Projekt im Moment, die Anlager halten sich raus weil manche glauben wie bei vielen anderen China Minen das die Chinesen eine feindliche Uebernahme machen wollen in dem man den Kurs erstmal absackt mit shorts damit das Angebot guenstiger ausfaellt.
    Man blockiert die Minen wo man kann auch mit Permits etc.
    Das Maolin Projekt hat viel Gold aber wie gesagt momentan geht dort nichts vorran.
    Schau mal ins Stockhouse Canada und lese mal die Kommentare im Forum.


    ""So let's say you made a crap deal with someone...let's just say that you entered into a 79-21 split and then discovered that you didn't like your 21 much at all. What would you do? Yes, there are rules that must be followed and the Chinese will follow/make them. The Chinese, more so than most, love to appear above board and transparent, even when what they do completely contradicts what they say. This has been demonstrated over and over.""


    Last news:


    http://www.mundoro.com/news/2007/NRaugust17-2007.pdf


    http://www.stockhouse.ca/bullb…97133&t=0&all=0&TableID=0


    Gruss


    Eldo

  • Gold und Silber... Informationen und Vermutungen I

    extrel


    Ich schau ueberall, Clive Maund ist wie viele andere ein ""Analyst"".


    ""Clive Maund spricht also von der $700 area. Ich meine, dass wir die 6xx nochmal sehen werden"".
    Ob es so tief geht, wie ich befürchte, steht auf einem anderen Blatt.


    Auf meinen bestimmt nicht :D...Pfennigfuchser warten auf diese Spottpreise.


    13.05 und 715 sind starke Widerstandslinien, die muessen erstmal ueberollt werden bevor man so einen Kas behauptet.


    Ich denke positiv und habe vorhin wieder physisch nachgekauft damit wenigsten einer hier kauft anstatt zu warten bis der Zug von Clive Maund eintrifft.


    Enjoy your wait....


    Gruss


    XEX

  • Gold und Silber... Informationen und Vermutungen I

    Guten Morgen 600 $ und 11 $ Silberschreier :D


    *As far as gold is concerned, the Gold Cartel is doing all they can to keep gold fever to a minimum. In doing so they are stealing money from the public. Last Friday the HUI tanked late in the day for no apparent reason. Yesterday, The Gold Cartel struggled to keep gold in check and the HUI responded to the upside along with the surging US stock market. I wondered whether some in our camp were being too alarmist about the Friday gold share action, just because it SO OFTEN predicts a coming Gold Cartel raid.


    On that same note, the horrific silver action yesterday, with gold nearly $4 higher, was a tip off for today. The silver market manipulation crowd (Ted Butler cites 4 major firms) seem to have this precious metal in full control. They were ready and organized for this pickpocket kind of day and got it.


    It didn’t take long to get the answer whether the suspicious Friday HUI action and crummy silver action yesterday was a precursor for a Gold Cartel raid. In the most blatant manipulative fashion they attacked when the cash market was the quietest, basically between Asian trading hours and the opening in London. The move down was ferocious, picking up steam after the AM Fix….


    In essence what they did was trap unsuspecting Comex spec longs, knowing they would set off stop loss selling in New York after such an overseas plunge. Every minor rally on the day would be sold, deteriorating as the day went on, going into the close. The cabal PLANNED a technical bloodbath and got one.


    Rich C had it nailed:


    Good Morning Bill,
    Now we know what European Central Bank President Jean-Claude Trichet was referring to when he highlighted the U.S. government's strong dollar policy… That policy is of course the suppression of the gold price. There is no other policy! Seemingly, Trichet was using this term as code so all the other players knew what was coming. Friday's suspicious share sell off, while gold remained strong, looks more like the insiders had advanced warning of this assault on gold, so they dumped the shares. And, on and on it goes in the corrupt precious metals markets. Go GATA!
    Rich C


    With the housing /mortgage turmoil lurking everywhere, all eyes were on the housing numbers this morning. They stunk, which is probably why the most widely watched market crisis barometer, GOLD, was trashed. Not good is putting it mildly…